Independent Public Services Pensions Commission
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Independent Public Services Pensions Commission
The UK Chancellor Chancellor ( la, cancellarius) is a title of various official positions in the governments of many nations. The original chancellors were the of Roman courts of justice—ushers, who sat at the or lattice work screens of a basilica or law cou ... invited John Hutton to chair an independent commission on public service pension provision. This was intended to reduce the otherwise increasing cost of taxpayer-funded state pensions (as life expectancy increased) while ensuring adequate levels of retirement income. Recommendations made in the report *The Government should make clear its assessment of the role of public service pension schemes which should be to ensure adequate levels of retirement income for public service pensioners. *Public service employers take greater account of public service pensions when constructing remuneration packages and designing workforce strategies. *The Government should ensure that public service schemes, along with a full state ...
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Chancellor Of The Exchequer
The chancellor of the Exchequer, often abbreviated to chancellor, is a senior minister of the Crown within the Government of the United Kingdom, and head of His Majesty's Treasury. As one of the four Great Offices of State, the Chancellor is a high-ranking member of the British Cabinet. Responsible for all economic and financial matters, the role is equivalent to that of a finance minister in other countries. The chancellor is now always Second Lord of the Treasury as one of at least six lords commissioners of the Treasury, responsible for executing the office of the Treasurer of the Exchequer the others are the prime minister and Commons government whips. In the 18th and early 19th centuries, it was common for the prime minister also to serve as Chancellor of the Exchequer if he sat in the Commons; the last Chancellor who was simultaneously prime minister and Chancellor of the Exchequer was Stanley Baldwin in 1923. Formerly, in cases when the chancellorship was vacant, the L ...
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John Hutton, Baron Hutton Of Furness
John Matthew Patrick Hutton, Baron Hutton of Furness, (born 6 May 1955) is a British Labour Party politician who was Member of Parliament (MP) for Barrow and Furness from 1992 to 2010 and served in a number of Cabinet offices, including Defence Secretary and Business Secretary. He is a former Chairman of the Royal United Services Institute. Early life Hutton was born 6 May 1955, in London, though his family moved to Westcliff-on-Sea, Essex when he was 8.Richard Northedg"Hutton dressed as lamb?" ''The Daily Telegraph'', 22 July 2007 He was educated at Westcliff High School for Boys and Magdalen College, Oxford, where he joined the Conservative, Liberal and Labour Associations and gained a BA in 1976 and a BCL 1978. He worked for a year as a bus driver. For two years he was a legal adviser to the CBI. From 1980–81, he was a research associate for Templeton College, Oxford. He went on to become a senior law lecturer at the Newcastle Polytechnic from 1981–92 before turning ...
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